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Is on a softer approach, like the german — and then the pro—russian, which we forget, which is greece, malta and cyprus. so that's an advantage for putin. and there's a big question about the effect of inflation and cost of living. exactly. that brings us very nicely onto what i was going to talk to you about, simon, in terms of sanctions. how effective are they being? but down the track, there are ramifications not just for president putin and his economy but the rest of us. true. one thing russia would consider a victory is they have managed i to split the european union on their approac...

One thing russia would consider a victory is they have managed i to split the european union on their approach to how. they're going to deal. with this gas problem. some people say they'll pay in roubles, some i people say they would not, so they've managed to - put a crack in that. the sanctions are very damaging to the russian economy, - you could see output fall 15—20% there. i but i don't think enough in the short—term to - deter vladimir putin in his endeavours. l but i do think one of the other things, and you talk— about inflation, i think- that is the really big thing. everyone i...

One thing russia would consider a victory is they have managed i to split the european union - on their approach to how they're going to deal with this gas problem. some people say they'll pay in roubles, some people - say they would not, | so they've managed to put a crack in that. the sanctions are very damaging to the russian economy, - you could see output fall 15—20% there. i but i don't think enough . in the short—term to deter vladimir putin in his endeavours. but i do think one of the other things, and you talk— about inflation, i think- that is the really big thing. everyone in ...

To talk to you about, simon, in terms of sanctions. how effective have they been? but down the track, there are ramifications notjust for president putin and his economy but the rest of us. true. one thing russia would consider a victory is they have managed i to split the european union - on their approach to how they're going to approach this gas problem. some have said they will pay in roubles, some have - said they would not, l so they have managed to put a crack in that. the sanctions are very damaging to the russian economy, - you could see output for 20% there. but i don't think enough ...

Becoming even more aggressive? >> oh, absolutely. there is no doubt about it. russia is using long range missiles to attack every city in ukraine and clearly they are widening the effect of the war into poland and bulgaria. however, united states government, the biden administration is making it possible for additional oil supplies to flow into the european theater. however, that doesn't necessarily mean that it will solve the gas problem that will exist. i do know that poland has been working for several years and really intensely in the last year to get off of russian gas, to find alternativ...